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2019/09/09 / Erste Group Research

This week, the markets will be dominated by two themes: what will happen with Brexit in the UK and what will the ECB decide? After the British Parliament last week seized control of the Brexit procedure, the markets reacted with relaxation. In fact, the risk of hard Brexit has decreased somewhat. Prime Minister Johnson will, however, not give up his resistance to delaying the exit date and will try to trigger snap elections. The ECB’s Governing Council will meet on Thursday. The markets will wait in awe to see which monetary easing measure the Governing Council decides on. The question is not whether the ECB will loosen monetary policy, but how and to what extent. Since there have been hardly any indications from the ECB in this regard, uncertainty is high.

General information

AuthorErste Group Research
Product nameVideo
Topic in focusMacro/ Fixed income
Economy in focus-
Currency in focus-
Sector in focus-


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